There’s a report out from the International Federation of the Phonographic Industry (IFPI) that claims that 95% of all music downloads are illegal.
Well of course the music industry would like us to believe that. I seem to recall hearing about an RIAA report that claims illegal downloads are up some asinine number like 9000%. Honestly, anyone willing to buy into that bowl of soup is some kind of mega fathead desperately in need of a lifetime supply of Leptorexin.
Why? Because in this same “report”, they also announced this little tidbit of news:
The digital music business internationally saw a sixth year of expansion in 2008, growing by an estimated 25 per cent to US$3.7 billion in trade value. Digital platforms now account for around 20 per cent of recorded music sales, up from 15 per cent in 2007.
So this prompts me to ask, “Which is it, Record out of control piracy or record profits?”. Frankly I don’t see how they can possibly expect thinking people to believe it’s even possible to have both statements be true at the same time.
Of course, that’s the key right there. Thinking people can see right through this nonsense. Unfortunately most people are incapable of coherent thought for more than a few seconds at a time.
[Tags]ifpi, record profits, illegal downloads, p2p, file sharing, music sales, music business, music industry, music downloads, digital music, riaa, piracy, nonsense, recorded music, fathead[/tags]